Atlas Pipeline To Build New Processing Plant In the Permian
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Atlas Pipeline Partners is planning to build a new 200mmcfd cryogenic processing plant to accommodate increasing Permian production in west Texas.
Atlas Pipeline intends to build the new Driver plant in two phases, with the first phase involving construction of plant and associated compression to process 100mmcfd, expected to be in service in the first quarter of 2013.
The second phase will include placement of additional compression and refrigeration equipment to increase the plant's capacity to 200mmcfd, is scheduled to be operational in the first quarter of 2015.
Atlas Pipeline's partner on the west Texas system, Pioneer Natural Resources, which owns a 27.2% interest in the facility, will participate in the projects costs and cash flows and will anchor the production growth behind the…
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